Bitros Holding S.A
Bitros Holding S.A. operates in the metallurgy, real estate development, and energy sectors. The company processes, distributes, and markets elongates that include light and heavy form steels, such as angles, tufts, squares, rounds, blades, bulbs, tracks, common beams, and flat feet, as well as reinforced concrete steels, hollow beams, and construction pipes; plates comprising hot-rolled, cold-ro… Read more
Bitros Holding S.A (MPITR) - Net Assets
Latest net assets as of December 2022: €-81.38 Million EUR
Based on the latest financial reports, Bitros Holding S.A (MPITR) has net assets worth €-81.38 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€82.45 Million) and total liabilities (€163.83 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-81.38 Million |
| % of Total Assets | -98.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 122.26 |
Bitros Holding S.A - Net Assets Trend (2014–2022)
This chart illustrates how Bitros Holding S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bitros Holding S.A (2014–2022)
The table below shows the annual net assets of Bitros Holding S.A from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €-81.38 Million | -8.15% |
| 2021-12-31 | €-75.25 Million | -22.10% |
| 2020-12-31 | €-61.63 Million | -27.14% |
| 2019-12-31 | €-48.47 Million | -74.72% |
| 2018-12-31 | €-27.74 Million | -178.19% |
| 2017-12-31 | €-9.97 Million | -309.59% |
| 2016-12-31 | €4.76 Million | -67.83% |
| 2015-12-31 | €14.79 Million | -35.66% |
| 2014-12-31 | €22.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bitros Holding S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6377877200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €23.92 Million | % |
| Other Components | €11.62 Million | % |
| Total Equity | €-81.38 Million | 100.00% |
Bitros Holding S.A Competitors by Market Cap
The table below lists competitors of Bitros Holding S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Storm Exploration Inc.
V:STRM
|
$2.57 Million |
|
PLS Plantations Bhd
KLSE:9695
|
$2.57 Million |
|
Kontigo Care AB
ST:KONT
|
$2.57 Million |
|
Hudson Resources Inc
PINK:HUDRF
|
$2.57 Million |
|
Seacera Group Bhd
KLSE:7073
|
$2.57 Million |
|
Morenzo Abadi Perkasa Tbk Pt
JK:ENZO
|
$2.57 Million |
|
Orcoda Ltd
AU:ODA
|
$2.57 Million |
|
Biovica International AB (publ)
ST:BIOVIC-B
|
$2.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bitros Holding S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -75,250,020 to -81,383,870, a change of -6,133,850.
- Net loss of 6,949,010 reduced equity.
- Dividend payments of 200,000 reduced retained earnings.
- Other factors increased equity by 1,015,160.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-6.95 Million | -8.54% |
| Dividends Paid | €200.00K | -0.25% |
| Other Changes | €1.02 Million | +1.25% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Bitros Holding S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €-3.89 | €0.51 | x |
| 2021-12-31 | €-4.75 | €0.51 | x |
| 2022-12-31 | €-5.14 | €0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bitros Holding S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -77.56%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -51.75% | -16.00% | 0.40x | 8.12x | €-13.12 Million |
| 2015 | -62.51% | -16.60% | 0.31x | 12.27x | €-9.45 Million |
| 2016 | -168.43% | -19.63% | 0.27x | 31.87x | €-8.49 Million |
| 2017 | 0.00% | -36.66% | 0.29x | 0.00x | €-13.70 Million |
| 2018 | 0.00% | -33.79% | 0.31x | 0.00x | €-10.08 Million |
| 2019 | 0.00% | -294.44% | 0.06x | 0.00x | €-15.86 Million |
| 2020 | 0.00% | -192.25% | 0.08x | 0.00x | €-8.29 Million |
| 2021 | 0.00% | -20.32% | 0.12x | 0.00x | €5.47 Million |
| 2022 | 0.00% | -77.56% | 0.11x | 0.00x | €1.19 Million |
Industry Comparison
This section compares Bitros Holding S.A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,052,018,000
- Average return on equity (ROE) among peers: 9.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bitros Holding S.A (MPITR) | €-81.38 Million | -51.75% | N/A | $2.57 Million |
| Elvalhalcor Hellenic Copper and Aluminium Industry S.A (ELHA) | $1.05 Billion | 9.81% | 1.32x | $1.47 Billion |